166 Heritage Point, Alexander City, AL, 35010
About This Home
Located behind the gates of The Heritage, Russell Lands' newest luxury neighborhood on Lake Martin, this exceptional waterfront residence offers 5,988 square feet of refined living with sweeping big-water views. Designed for comfort and entertaining alike, the home features six private bedroom suites, two spacious family rooms, two powder rooms, and a charming bunk nook ideal for hosting family and guests. The dramatic great room showcases soaring vaulted ceilings and grand arched windows that frame the lake and flood the interior with natural light. The thoughtfully designed kitchen features premium Wolf and Sub-Zero appliances, while two beautifully crafted fireplaces add warmth and character on each level. Outdoor living is equally inviting. Gather on the covered deck beside a third fireplace to watch the game, or unwind on the lakeside firepit patio after a day on the water. Professionally designed landscaping includes a serene waterfall feature. A three-car attached garage completes this stunning retreat. This Lake Martin haven is ready to become the backdrop for unforgettable memories. Contact us today for your private tour!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Basement
- Roof: Architectural
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Features
- Flooring: Wood,Tile
- Number of fireplaces: 3
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 5,988
- Total interior livable area: 5,988 sqft
Property
Features
- Stories: 2
- Patio & porch: Screen Porch,Covered Patio
- Exterior features: Shrubs,Sprinkler
- Has view: Yes
- On waterfront: Yes
- Waterbody name: Lake Martin
Lot
- Features: Lot Remarks,Sloped,Views
Parking
- Total spaces: 3
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Lightning
- Cold Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $25,257 | $303,084 |
| Home Insurance * | $4,894 | $58,728 |
| Property Taxes | $998 | $11,976 |
| Electricity | $670 | $8,040 |
| Total | $31,819 | $381,828 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-26 | Listed for sale | $4,995,000 |
New Construction
View on Zillow